Revenue in the edible oils segment of the food market Nigeria 2019-2029

The revenue in the 'Edible Oils' segment of the food market in Nigeria was forecast to continuously increase between 2024 and 2029 by in total two billion U.S. dollars (+82.99 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 4.41 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Edible Oils' segment of the food market was continuously increasing over the past years.

Find further information concerning the revenue in the 'Vegetables' segment of the food market in Nigeria and the average revenue per capita in the 'Breakfast Cereals' segment of the food market in the United Kingdom.

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Revenue in the edible oils segment of the food market Nigeria from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Edible Oils market covers any type of oil that is extracted from plants and nuts and is used for cooking and food preparation.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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